Traders should expect wider intraday swings, which could be attractive for options strategies seeking high implied volatility premiums. Investor sentiment hinges on Palantir’s ability to balance growth momentum with valuation risks. Cult-like enthusiasm, driven by visionary CEO Alex Karp, evokes comparisons to transformative companies like Amazon, Tesla, and NVIDIA. While volatility is likely, Palantir’s lack of direct competition and its ability to sustain high-complexity use cases make it a compelling long-term prospect. Shares of Palantir Technologies (NASDAQ: PLTR) are jumping Thursday, up 4.1% as of 12:44 p.m. ET. The move comes as the S&P 500 gained 0.6% and the Nasdaq Composite gained 1.1%.
